taxpayers should bear the burden of repaying bailout costs. he testified a so-called financial crisis responsibility fee would target banks that engage in risky behavior and were eligible for emergency assistance programs but stressed the fees wouldn t be a substitute for the financial reform proposals being debated in congress. wolf? lisa, thank you. we ll get back to the breaking news. today s court appearance canceled for the times square bomb plot suspect. he won t appear apparently tomorrow either. details of this new twist in the breaking news. and we re learning the suspect was questioned before he was read his rights. so what does that mean? our senior legal analyst jeffrey toobin is standing by. with 4g from sprint, i can download files up to 10x faster than 3g. outside. i can stream the movie airplane to my cell phone. at the airport.
scrap a $50 billion fund. this was the fund that would cover any future bailout costs or some future bailout costs anyway for companies that fail. this was previously a key component of the president s plans. let s get to peter barnes from fbn. peter, as we stand here now, have they gotten rid of that $50 billion fund that became so controversial? reporter: well, not exactly, jane. this is a $50 billion poker chip and a gigantic poker game over legislation on capitol hill that s designed to make sure we don t have another financial crisis, god willing, and if we do, the taxpayers don t have to pay trillions of dollars to bail out the financial system. it looks like democrats are using this as a negotiating chip with republicans in the senate to try to get a bill through the senate maybe starting next week, late this week, early next week. and at the end of the day, jane, sources tell me, though, even if they get rid of this $50 billion fund that republicans have criticized, there wil